Profit Margins

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Bank of East Asia, profit rises

JP Morgan offered a target price of 51 hkd to Bank of East Asia (BEA) after the lender's 2007 results.

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Merck KGaA, rise in profits

Merck KGaA, the world's biggest maker of liquid crystals for televisions, stated fourth- quarter profit .

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Heinz Co expects sales growth

The most global U.S.-based food company H.J. Heinz Co. announced that its full-year profit will be near the top of its forecast range.

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Abercrombie income rises 9,4%

Abercrombie & Fitch Co. posted that its fourth-quarter profit rose 9.4% on higher Internet sales and purchases at its namesake chain.

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Marriott posts 4Q loss

A worldwide operator and franchisor of a range of value and luxury hotels and related lodging facilities, Marriott International Inc., posted that its fourth quarter earnings fell 20% as it took a hit from the closure of its synthetic fuel business, offsetting overseas gains.

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Goodyear 4Q profit rises to 52 million dollars

The third largest tire company in the world Goodyear Tire & Rubber Co. announced its fourth-quarter profit rose to 52 million dollars, boosted by strong U.S. and international premium tire sales.

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Daimler earnings rise to 4 billion euros

German automaker Daimler AG posted that its net income rose to 4 billion euros (5.83 billion dollars) in 2007 as sales surged to nearly 100 billion euros (145.86 billion dollars) on demand for its upscale sedans and SUVs.

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Danone net profit jumps

French food group Danone, the leader in dairy products, announced that its net income tripled thanks to a 3.1 billion euros capital gain on the sale of its biscuit business and as it bought Dutch babyfood maker Numico.

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Southern Cross 1Q income rises

An independent provider of health and social care services Southern Cross Healthcare Group Plc announced that first-quarter income surged 61% as the company boosted bed capacity, and added that an aging UK population means demand for care services will remain strong.

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ABB Reports Record Profits

The Swedish-Swiss engineering group ABB has posted record high profits for last year, and is upbeat about 2008.

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Vonage Holdings Corp shortened its loss

Vonage Holdings Corp got new customers and cut its fourth-quarter loss.

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First Solar Inc. 4Q profit jumps

The thin-film solar equipment maker First Solar Inc. announced its fourth-quarter net income rose, as it ramped up production of renewable electricity modules.

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